The typical owner-occupied home in Danville is worth about $120,800, 60% below the Georgia median of $303,300 and 64% below the national median of $332,700. The median household earns $43,750 a year, so the median home costs 2.8 times the median income (3.9 times for Georgia). 65% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Danville at a glance
| Danville | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $120,800 | $303,300 | $332,700 |
| Median property tax paid per year | – | $2,341 | $3,119 |
| Median household income | $43,750 | $77,353 | $80,734 |
| Homes lived in by their owners | 65% | 66% | 65% |
| Owner homes with a mortgage | 38% | 63% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 30.5% | 20.0% | 21.0% |
| Median rent | – | $1,393 | $1,413 |
| Median year homes were built | 1974 | 1992 | 1980 |
| Vacant homes | 56.5% | 10.3% | 10.1% |
| Population | 111 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Danville
At this week's average 30-year rate of 7.11%, buying the median Danville home of $120,800 with 20% down costs about $811 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,012, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $34,764 for the 20%-down payment. That payment is 22% of the median Danville household income of $43,750; at that income and 20% down, the 28% guideline points to a home of about $152,000.
| Down payment | $24,160 |
|---|---|
| Loan amount | $96,640 |
| Principal and interest | $650 |
| Property taxes (1.10% a year) | $111 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $811 |
Change the numbers in the calculator
| Down payment | $4,228 |
|---|---|
| Loan amount | $118,612 |
| Principal and interest | $798 |
| Property taxes (1.10% a year) | $111 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $1,012 |
Change the numbers in the calculator
Questions about home buying in Danville
What is the median home value in Danville?
About $120,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Danville?
For the median home with 20% down at 7.11%, the payment is about $811 a month. Keeping that under 28% of gross income takes about $34,764 a year.
More about Danville
- Mortgage Refinance in Danville
- Debt Relief in Danville
- Home Equity Loans in Danville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data